Elevance Health Overcomes Rising Costs, Reports $2 Billion Profit [Forbes]
Elevance Health, Inc. (ELV)
Company Research
Source: Forbes
Elevance, which operates Anthem brand Blue Cross and Blue Shield plans in 14 states and sells an array of government-subsidized benefits, Tuesday said net income fell nearly 3% to $2.18 billion in the first quarter ended March 31, compared to $2.24 billion in the first quarter of 2024. Like other health insurance plans, Elevance is seeing higher benefits expenses, reporting that its benefit expense ratio, which is the percentage of premium revenue that goes toward medical costs, was 86.4 percent compared to 85.6% in the first quarter of last year, "reflecting higher Medicaid medical cost trend.” Last week, UnitedHealth Group shocked Wall Street analysts and investors with an earnings report that included rising costs in its Medicare plans. But Elevance's earnings were in line with Wall Street's expectations and were as the company had projected earlier this year. Elevance said its operating revenue rose 15% to $48.8 billion in the first quarter of 2025, an increase of $6.5 bill
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ELV
News
- Insiders At Elevance Health Sold US$3.5m In Stock, Alluding To Potential Weakness [Yahoo! Finance]Yahoo! Finance
- Elevance Health Reflects On The Changed Role of Health Plans [Yahoo! Finance]Yahoo! Finance
- Elevance Health Reflects On The Changed Role of Health PlansBusiness Wire
- AM Best Takes Various Credit Rating Actions on Elevance Health, Inc. and Most of Its SubsidiariesBusiness Wire
- Taking Stock of Elevance Health (ELV)'s Valuation After Digital Health Push and Board Refresh [Yahoo! Finance]Yahoo! Finance
ELV
Earnings
- 10/21/25 - Beat
ELV
Sec Filings
- 12/10/25 - Form 8-K
- 11/21/25 - Form 3/A
- 11/10/25 - Form 8-K
- ELV's page on the SEC website